New Business Tax System (Integrity and Other Measures) Act 1999 (Incorporating amendments up to Act No. 78 of 2001) (169 of 1999)

Schedule 9   Concessions for capital gains by individuals and some other entities

Part 2   Consequential amendments

1   Division 1 - Amendment of the Income Tax Assessment Act 1936

15   Paragraph 6AD(4)(e)

Repeal the paragraph, substitute:

(e) the taxpayer had a capital gain or capital loss for the year of income and had to use the method statement in subsection 102-5(1) or 102-10(1) of the Income Tax Assessment Act 1997 to work out the taxpayer's net capital gain (if any) or net capital loss (if any) for the year of income;